The Government as Identity Thieves

The spotlight remains on the Greek sovereign debt crisis as the riots continue.
The terms of the Greek bailout from the IMF and Eurozone countries remain contentious
with citizens on all sides. Europeans hate having their governments throw public
money away as much as Americans do. The Greeks are not happy about having their
taxes raised while their pensions and salaries are cut. Meanwhile, it is rumored
by the Financial Times, AFP and others that Greece may spend more than it saves
from austerity measures on arms deals with Germany, France and the US as a
potential condition of receiving bailout funds. If true, it is certainly not
unprecedented for the global military industrial complex to benefit from deals
made by their friends in the central banking community. After all, war is the
health of the state. The last thing big government proponents want is for peace
to break out in the world.

This free flow of fiat money from around the globe to Greece will not really
save Greece as much as it will grant a temporary reprieve to central bankers
from the consequences of their mistakes. Sadly, this will come at the expense
of the Greek people and taxpayers in Europe and America. Taxpayers are of no
consequence to either European or American central bankers. Even the mere desire
for complete information on what they are up to in our name is rebuffed, as
we saw last week in the Senate with the failure of Senator Vitter's amendment
containing my language to fully audit the fed. The hubris of powerful and secretive
central bankers seems to know no bounds.

If someone incurred debts against you as an individual, without your knowledge
or consent, you would call it identity theft. You would call your bank for
a full accounting of the debts incurred in your name, and after some verification,
those debts would be declared invalid and you would not be held responsible
for them. Furthermore, if the culprit was found, they would be prosecuted and
sent to jail.

Not so with governments and central banks. Governments that are supposed to
be of the people and for the people routinely incur debts against the people.
Some governments even borrow money to oppress their citizens, and then expect
them to pay for their own oppression with interest. With a fiat monetary system,
the sky is the limit for how much debt a government can place on the backs
of the people.

We have reached the point in the United States where the debt our government
has accumulated against us is mathematically impossible to pay off. Harder
times, likely due to a wave of hyperinflation, will eventually find its way
to our streets and I am fearful of how Americans will react. My hope is that
we will come together peacefully and help each other, and that enough of us
will be aware that the blame rests securely on the shoulders of the Federal
Reserve and the special interests. They should not be looked to for salvation.
They should not be given more power. Rather, they should be stripped of the
powers that allowed them to create this mess in the first place.

Resistance to public transparency regarding public debts should be denounced
in the strongest of terms, and the central bankers that incurred them should
be seen as no better than common identity thieves.

Congressman Ron Paul of Texas enjoys a national reputation as the premier
advocate for liberty in politics today. Dr. Paul is the leading spokesman
in Washington for limited constitutional government, low taxes, free markets,
and a return to sound monetary policies based on commodity-backed currency.
He is known among both his colleagues in Congress and his constituents for
his consistent voting record in the House of Representatives: Dr. Paul never
votes for legislation unless the proposed measure is expressly authorized
by the Constitution. In the words of former Treasury Secretary William Simon,
Dr. Paul is the "one exception to the Gang of 535" on Capitol Hill.